Column: In everyone’s interest

Bibek Debroy
Posted: Monday, Sep 29, 2008 at 2225 hrs IST
Updated: Monday, Sep 29, 2008 at 2225 hrs IST

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: the answer clearly is in the affirmative. Will RBI have the guts to cut interest rates? That’s the tough question. No one outside RBI and North Block knows the answer to that question. But it certainly should move to drop interest rates immediately. Indirectly, that’s our bailout package for the US and world economies.

—The author is a noted economist...

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Column: In everyone’s interest

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